IDAHO EDUCATION TAX CREDIT

Take advantage of the Idaho Education Tax Credit!

Idaho has a unique tax credit opportunity specifically for contributions to schools.  Gifts to North Star Charter may qualify for a 50% tax credit (a reduction in the actual tax you owe).  If you itemize your taxes, a donation to North Star allows income tax deductions on your state and federal returns, plus a 50% Idaho income tax credit.

  • Idaho individuals may take up to 50% of a gift of $1,000 (a tax credit of $500)
  • Idaho married couples may take up to 50% of a gift of $2,000 (a tax credit of $1,000)
  • Idaho corporations may take up to 50% of a gift of $10,000 (a tax credit of $5,000)
Donation to North Star Federal Deduction State Deduction Idaho
Credit
Net Tax Benefit Net Cost of Donation
$2,000 $240 $138.50 $1,000 $1,378.50 $621.50
$1,000 $120 $69.25 $500 $689.25 $310.25
$500 $60 $34.63 $250 $344.63 $155.37
$350 $42 $24.24 $175 $241.24 $108.76
$250 $30 $17.31 $125 $172.31 $77.69
$125 $15 $8.66 $63 $86.66 $38.34

These amounts reflect approximate rates for a joint return of $40,000 taxable income and are based on the taxpayer who itemizes personal deductions.  North Star Charter School, its Board and Administration do not provide any tax advice.  As such, any potential donor should consult with their tax advisor for details and applicability of the Idaho Education Tax Credit.
Additional Resources:  Idaho Statute Title 63 Revenue and Taxation Chapter 30 Income Tax
https://legislature.idaho.gov/statutesrules/idstat/title63/t63ch30/sect63-3029a/

Corporate Matching Opportunities
 
Increase the impact of your gift.
Many employers offer matching gift programs as an incentive to encourage charitable contributions from their employees. Your gift could be doubled or perhaps even tripled if you are affiliated with a company that has a matching gift program!

Check with your Human Resources department to find out if your company has a matching gift program.
The paperwork is easy and we can assist you in this process. Please contact our Director of Development,
Joanna O’Donnell jodonnell@northstarcharter.org if you have any questions.

ABOUT NORTH STAR CHARTER

North Star Charter School (NSCS) is a K-12 public charter school located in Eagle, Idaho. Founded in 2003, NSCS provides students a world-class education characterized by a safe, supportive and structured learning climate that encourages high academic achievement, intellectual confidence, leadership and virtuous citizenship. The school’s charter articulates the vision of its founders to think critically and to become virtuous citizen leaders in our local and world community.

We Look Forward to Getting to Know Your Family!

Our main admission entry points are kindergarten, sixth,  and ninth grades. Applications for other grade-levels are fully considered, but admission is solely based on space availability due to student attrition.

ACADEMIC OVERVIEW

NSCS is committed to improving student achievement through high expectations for student engagement and meaningful preparation for postsecondary education and careers. Explore our Elementary, Middle and High School divisions.

HUSKY ATHLETICS

North Star athletics is committed to developing our student-athletes in an educational-based environment. Through a positive coaching atmosphere, student-athletes will be encouraged to expand their athletic abilities. 

CAMPUS LIFE

Our students receive an exceptional learning experience enabling them to reach their full potential and discover their place in a world of possibilities.

Phone:
208-939-9600 (Main Office)
208-939-9645 (Attendance Line)
FAX: 208-939-6090

Contact Us